Find which would be the price of the bond

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Problem 1: A risk-free, zero-coupon bond with a face value of $1,000 has 15 years to maturity. If the YTM is 5.8% per annum, compounded semi-annually, which of the following would be the price of this bond (round to the nearest dollar)?

Select one:

a. $429

b. $424

c. $184

d. $686

Reference no: EM132764188

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